RATES & FEES

LOAN RATES – Effective: June 22, 2022  

New/Used Autos *

A+
750+
Rate
A
695-759
Rate
B
650-694
Rate
C
610-649
Rate
D
575-609
Rate
E
574-
Rate
01-36 Months2.75%3.50%6.00%9.00%13.50%18.00%
37-48 Months2.90%3.75%6.25%9.50%14.00%18.00%
49-60 Months3.00%4.00%6.50%10.00%14.50%18.00%
61-72 Months3.25%4.25%6.75%11.00%15.00%18.00%
73-84 Months (Over $30,000)4.00%5.00%8.50%12.00%15.50%18.00%
       

Recreational Collateral**

01-36 Months3.00%3.50%6.75%9.75%14.50%N/A
37-48 Months3.50%4.00%7.50%10.75%14.75%N/A
49-60 Months4.00%4.50%9.00%11.75%15.00%N/A
       

Unsecured

Signature 0-60 Months9.00%11.00%13.00%15.00%17.00%18.00%
$10k$7,500$5,000$3,500$2,000$1,000
       

Christmas Loan

15.00%
  

No Credit Check Loan

28.00%
       

VISA**

9.99%13.99%15.99%16.99%18.00%N/A
       

Share & Certificate Secured

Share Secured3.00% above dividend rate, unless no dividend is paid, then floor rate is at 4.50%.
Share Certificate Secured3.00% above certificate annual percentage yield (APY), unless no dividends are paid, then floor rate is 4.50%.

* If a used auto is over 5 calendar years old, add 2% to the above-listed rate. Auto floor rate is 2.75%.

** No VISA or Recreational loan will be approved with a score less than 575.

All rates, terms, fees, and processing charges are subject to change without notice. All loans are subject to credit approval. Performance levels are determined by credit ratings and other criteria. For updated information, please contact the Credit Union at (601) 354-6544. All quoted loan rates are APR rates (annual percentage rates).

SAVINGS & CERTIFICATE SHARE RATES  

DESCRIPTION OF ACCOUNT
MINIMUM DEPOSIT
DIVIDEND RATE
APY
DIVIDEND POSTING
Shares (Savings)$1000.010.1%0.1%Quarterly
Shares (Savings)$5,000.010.2%0.2%Quarterly
Shares (Savings)$20,000.01 & up0.3%0.3%Quarterly
Share Certificate (CD): 6 Months$500.000.05%0.05%Quarterly
Share Certificate (CD): 12 Months$500.000.10%0.10%Quarterly
Share Certificate (CD): 24 Months$500.000.20%0.20%Quarterly
Share Certificate (CD): 36 Months$500.000.35%0.35%Quarterly
Share Certificate (CD): 48 Months$500.000.35%0.35%Quarterly
Share Certificate (CD): 60 Months$500.000.35%0.35%Quarterly

All rates, terms, fees and processing charges are subject to change without notice. For updated information, please contact the Credit Union at (601) 354-6544.

FEE SCHEDULE – Effective: July 1, 2022  

Fee TypeFee DescriptionAmount
Non-Sufficient Funds (NSF) (Check/ACH)Charged when an automated item attempts to clear a share draft or savings account, by Check or ACH and there are insufficient funds to cover the item, whether paid or not.$30.00
Returned Deposited Item (Check/ACH Deposit)Charged for deposit/payments that are returned to the Credit Union stamped “NSF, Account Closed or other reasons.”$30.00
Stop Payment Member Check or ACH ItemCharged when the CU places a stop payment order n a check drawn on a member share draft account or ACH item drawn on a member’s share draft.$30.00
Stop Payment CU CheckCharged when the CU places a stop payment on a CU issued check prior to 10 business days from issuance.$36.00
CU CheckFirst (2) CU checks free in a month; all others are charged.$5.00
Statement (Copy)Charged when the CU makes a copy of an account statement.$5.00
Account ResearchCharged when the CU performs account research.$20.00/hour (1 hour minimum)
Statement ReconciliationCharged when the CU reconciles a member statement.$20.00/hour (1 hour minimum)
ATM/Debit Card ReplacementCharged when the CU orders a replacement card.$12.00
PIN ReplacementCharged with the CU orders a new PIN for member.$5.00
ATM WithdrawalCharged for withdrawals except at MS DHS FCU’S ATM or ATM’S listed on CU24.$2.50
Money OrdersCharged for each money order.$1.00
VISA Over Credit LimitCharged when a VISA credit balance goes over the approved limit.$25.00
VISA DocumentationCharged when CU must obtain VISA Card documentation.$12.00
VISA Replacement CardCharged when the CU orders a replacement VISA Credit Card.$65.00
VISA Late Payment FeeCharged if the payment is more than 25 days late.$25.00
VISA Pay by PhoneCharged for VISA Payment by telephone.$10.00
VISA Returned PaymentCharged for returned check for payment on VISA.$25.00
Christmas Club WithdrawalCharged for withdrawal from Christmas Club prior to the end of the Christmas Club term.$25.00
Excess Share WithdrawalCharged for more than two (2) withdrawals from share in one month.$5.00
Loan Application FeeCharged for all loan applications.$20.00/$25.00
Dormant AccountCharged to member account with less than $50.00 and no activity for 6-12 months. Account will close after no funds have been received in the account.$10.00
WiresCharged to member for all wires, incoming and outgoing.$25.00
Mailed Paper StatementsCharged to member account only if you are not signed up for e-statements and member statements come by postal service. Effective August 1, 2022.$2.00/month

The Credit Union will be closed on Monday, August 30th, 2021, due to Hurricane Ida. We will resume normal hours on Tuesday the 31st if utilities are not disrupted.